A client wants a third-party commitment that a project will be completed as per contract and protection against losses if it is not. What document should they request from their supplier?

The correct answer is B. performance bond (guarantee). See the full explanation below for the reasoning.

AV Installation

Question

Options

Aliability policy
Bperformance bond (guarantee)
Cstatement of qualification
Dquality assurance checklist

How the community answered

(20 responses)

A
5% (1)
B
75% (15)
C
5% (1)
D
15% (3)

Topics

#performance bond#contract documents#project risk#supplier guarantee

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